WILMINGTON, Del., Jan. 23, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its fourth quarter 2024 financial results before the market open on Thursday, February 6, 2025. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on ...

Core Viewpoint - InterDigital (IDCC) is positioned well to continue its trend of beating earnings estimates, particularly in the upcoming quarterly report [1]. Group 1: Earnings Performance - InterDigital has a strong history of exceeding earnings estimates, with an average surprise of 316.02% over the last two quarters [2]. - In the last reported quarter, InterDigital achieved earnings of $1.63 per share, surpassing the Zacks Consensus Estimate of $0.76 per share by 114.47% [3]. - For the previous quarter, the company reported earnings of $4.57 per share against an expected $0.74 per share, resulting in a surprise of 517.57% [3]. Group 2: Earnings Estimates and Predictions - Recent earnings estimates for InterDigital have been revised upward, indicating positive sentiment among analysts [4]. - The Zacks Earnings ESP for InterDigital is currently +3.21%, suggesting bullish expectations for near-term earnings [7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5]. Group 3: Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [6]. - A positive Earnings ESP combined with a Zacks Rank of 2 (Buy) indicates a strong likelihood of another earnings beat for InterDigital [7]. - It is crucial for investors to check a company's Earnings ESP prior to quarterly releases to enhance the probability of successful investment decisions [8].

Group 1 - Analysts' outlook on InterDigital, Inc. (NASDAQ: IDCC) appears pessimistic despite the stock rising by 60% over the last year, currently trading near its all-time high of $203, but has dropped 12% to around $171 [1] - The company is noted for its strong fundamentals and growth potential, particularly in the technology, infrastructure, and internet services sectors [1] - The focus remains on providing value to readers and investors interested in long-term investing strategies [1] Group 2 - The article emphasizes the importance of combining financial data with qualitative analysis to critically evaluate companies and sectors [1] - The author holds certifications in financial modeling and valuation, indicating a strong foundation in financial analysis [1] - The article is written independently without any compensation from the companies mentioned, ensuring an unbiased perspective [2]

Industry Overview - The video and TV industry is a significant emitter of greenhouse gases, accounting for 4% of global emissions, which is double that of the aviation industry at 2% [5] - Video content constitutes 80% of total internet traffic, significantly impacting CO2 emissions from data centers [7] - The industry's carbon footprint spans production, delivery, and consumption, with Scope 3 emissions from indirect sources like travel, accommodation, and post-production being a major challenge [2][3] Technological Innovations - Pixel Value Reduction (PVR) technology, developed by InterDigital, can achieve significant energy savings without compromising video quality, potentially saving 48 million kWh of energy if applied to events like the Olympics [3][5] - IP-based remote virtual production can reduce the industry's carbon footprint by 6x compared to on-site methods [6] - AI and brightness-adjustment technologies are expected to reduce TV energy consumption by 15% by 2028 [6] Energy Consumption Trends - Overall energy consumption for video entertainment devices (TVs, set-top boxes, media streamers, gaming consoles, smartphones, and tablets) has declined by 17% since 2020, with a further 12% reduction expected by 2028 [6] - Emissions from TVs in 2024 were estimated at 54 MtCO2e, equivalent to the annual greenhouse gas emissions of 11.7 million passenger vehicles [7] - 4K TVs, now installed in 858 million homes, generate 1.7x more emissions per hour compared to 1080 HD TVs [7] Impact of Major Events - The Paris Olympics had an estimated media carbon footprint of 602.8 million tons, with 1.25 TWh of electricity consumed due to streaming across various devices [7] - Each hour of film production since 2023 has equated to an average of 16.6 tCO2e, equivalent to the energy consumption of two homes annually [7] Company Focus - InterDigital is a leader in developing video compression standards and PVR technology, aiming to reduce energy consumption in the video industry [3][9] - The company is also involved in AI research, which intersects with wireless and video technologies, contributing to more sustainable solutions [9]

InterDigital (IDCC) has been on a downward spiral lately with significant selling pressure. After declining 9.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...

InterDigital (IDCC) has been beaten down lately with too much selling pressure. While the stock has lost 7.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that ...

Core Points - InterDigital, Inc. will present at the 27th Annual Needham Growth Conference on January 14, 2025, at 4:30 PM ET [1] - The presentation will be available via live webcast and archived replay [2] - InterDigital focuses on research and development in wireless, video, and AI technologies, licensing innovations to various industries [3] Company Overview - InterDigital is a global R&D company established in 1972, listed on Nasdaq, specializing in foundational technologies for connected and immersive experiences [3] - The company has a strong presence in wireless technology, having developed innovations from early digital cellular systems to advanced 5G and Wi-Fi technologies [3] - InterDigital is also a leader in video processing and encoding/decoding technology, with significant efforts in AI research that intersects with wireless and video technologies [3]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Have you been paying attention to shares of InterDigital (IDCC) ? Shares have been on the move with the stock up 4.5% over the past month. The stock hit a new 52-week high of $207.08 in the previous session. InterDigital has gained 4.2% since the start of the year compared to the 36.5% move for the Zacks Computer and Technology sector and the 27.4% return for the Zacks Wireless Equipment industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't miss ...

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